masthead-highres

Wednesday, October 29, 2008

What Greenhouse Gas Restrictions Could Do to Our Economy

Writing in Investor's Business Daily today, David Ridenour says, "When our economic bus is teetering at the edge of a cliff, it's a bad time to throw on some extra weight."

He's talking about government-mandated restrictions on greenhouse gas emissions and what they could do to our economy.

Read the entire piece here.

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Posted by Amy Ridenour at 12:08 AM

Tuesday, October 28, 2008

Prince Charles: Cutting Carbon a Priority; Economy Comes Second

I wonder if he flew to Toyko.
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Posted by Amy Ridenour at 5:39 PM

Monday, October 20, 2008

Is there Global Warming?

Columnist Lorne Gunter doubts it.

Hat tip: Drudge Report.
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Posted by Amy Ridenour at 12:48 PM

Friday, October 17, 2008

Charlie Rangel's Many Scandals Subject of Project 21 Commentary in Washington Times

By David Almasi:
Remember how Washington's "culture of corruption" played such a large role in the 2006 elections? The issue hasn’t gone away...

Consider the slow burn of House Ways and Means Committee Chairman Charles Rangel (D-NY). Currently, the number of allegations of questionable ethics of his part number at six - ranging from allegations of abuse of the rules of the House garage to allegedly not filing proper disclosures of income to allegedly using House resources to raise money for a non-governmental pet project.

Project 21's Council Nedd wrote a commentary about the Rangel situation that recently appeared in The Washington Times. Council pointed out the irony that Rangel's 1970 election was due in part to the scandal-plagued history of his predecessor, Adam Clayton Powell, Jr.

Council wrote, in part:
Four decades later, Mr. Rangel is experiencing uncanny parallels to situations that destroyed Mr. Powell's congressional career. Despite the ignominious circumstances of Mr. Powell's forced retirement, he remains fondly remembered for his civil rights work and his pre-scandal legislative accomplishments.

History may not be so kind to Mr. Rangel, since he and his colleagues assumed power on a promise to clean up Washington's "culture of corruption."

...It is troubling when Mr. Rangel pleads ignorance about his tax problems; more so when one considers that he heads the committee tasked with writing the nation's tax laws.

Mr. Powell was stripped of his committee chairmanship by his Democratic colleagues and later expelled by a vote of the entire House. He did win back his seat, but - after years of legal squabbling - Harlem voters chose to replace him with Mr. Rangel.

The House Ethics Committee is now investigating many of the charges against Mr. Rangel. Despite promises of stronger ethics, House Speaker Nancy Pelosi appears to have no intention thus far of disciplining a man she calls "very distinguished."

...Mr. Rangel was elected, in part, to clean up Mr. Powell's mess. Now, he has become his own mess. It reflects poorly on him and hurts Harlem and Washington. Harlem needs another renaissance - an ethical one this time.
To read all of Council's commentary, click here.
This post was written by National Center for Public Policy Research Executive Director David Almasi. To send comments to the author, write him at [email protected]. Please state if a letter is not for publication or if you prefer that it be published anonymously.

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Posted by Amy Ridenour at 6:27 PM

Wednesday, October 08, 2008

The Root Features Project 21 Commentary on Green Policies Hurting Blacks' Bottom Line

By David Almasi:
As cooler weather approaches, there are indications that it is going to be both a cold and expensive winter. Scientifically-monitored sunspot activity and the wise Farmer's Almanac both predict it will be cooler than normal, and the federal government is predicting the cost of heating a home will be a lot higher.

Already earning less than the average American household, black and brown households will take the biggest hit unless something is done - now and over the long-term - to bring down energy prices.

Project 21 Deneen Borelli has a new commentary that was published today on The Root, a black-focused web site jointly operated by The Washington Post and Professor Henry Louis Gates, Jr. of Harvard University.

Deneen points out how policies promoted by radical environmentalists and their political allies on Capitol Hill are keeping us from tapping into America's rich natural resources and freeing our nation from foreign energy dependence:
Failing schools, crime and single-parent households are just a few of the challenges facing urban communities. Now, thanks to radical environmentalists and their supporters, a bunch I like to call "Club Green," they must face soaring energy as well...

Despite the hype about wind power and boasts about other renewable energy sources, 85 percent of our nation's energy comes from fossil fuels. Energy from renewable sources such as wind and solar only currently provide about 7 percent of our power and cannot replace fossil fuels anytime soon.

In its September 2008 report, the federal Energy Information Agency predicted a 25 percent rise in heating oil prices and a 17 percent rise in natural gas prices this winter as well as a 9.5 percent projected increase in electricity costs in 2009. Adding to that, gasoline still hovers near $4 a gallon, and the public demands more domestic energy production. A recent Rasmussen poll of likely voters found that 67 percent supported new offshore fossil fuel exploration.

Our nation is blessed with an abundant supply of natural resources. The problem is that Congress, at the demand of Club Green, blocks access to these resources at the peril of families.
To read the full Deneen's commentary, click here.
This post was written by National Center for Public Policy Research Executive Director David Almasi. To send comments to the author, write him at [email protected]. Please state if a letter is not for publication or if you prefer that it be published anonymously.

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Posted by Amy Ridenour at 7:33 PM

Sean's Back

One of my all-time favorite blogs, Everything I Know Is Wrong, is back after a two-year hiatus.

Welcome back, Sean! I was just about to give up and delete your blog from my bookmarks. Glad I didn't.
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Posted by Amy Ridenour at 7:26 PM

Tuesday, October 07, 2008

Slavery Apology and Reparations Debate Neglects Pressing Matters of the Present Day

By David Almasi:
A commentary by Project 21 staff research associate Stephen Roberts about the reaction to a recent congressional apology for slavery was published by The Washington Times this past Saturday.

In his commentary, Roberts discusses the need to get past the slavery issue in order to address present-day problems facing black Americans. Reparations further muddle the pursuit of modern progress. Roberts writes:
With this diversity of outcomes in mind, how are activists and lawmakers dealing with an apology for slavery? They are doing what they do best - playing politics...

In calling it just "a large step," Mr. Cummings skillfully leaves open the door to ask for more - namely, reparations. A Toledo Blade editorial made clear the apology cost nothing, calling it "an empty gesture" of "little use to the victims [it is] meant to make feel better." Quoted in the Final Call, Professor Michael Eric Dyson said: "Reparations are certainly one of the signals that America can send if they are serious about reconstituting American culture..."

The problem with the apology debate - and the ensuing racial backbiting - is the consequent neglect of the pressing matters of the present day. Columnist Christopher Caldwell notes there are no more slave owners or Jim Crow laws. Segments of black America, however, are currently trapped in cyclic poverty. What can be done for them that does not involve historical naval-gazing or polarizing stereotyped groups that no longer technically exist?
The entire commentary can be read by clicking here
This post was written by National Center for Public Policy Research Executive Director David Almasi. To send comments to the author, write him at [email protected]. Please state if a letter is not for publication or if you prefer that it be published anonymously.

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Posted by Amy Ridenour at 12:51 PM

Thursday, October 02, 2008

Steve Milloy Picks Apart Paulson Plan on WBAL at 1:30 on Thursday - Listen Live!

By David Almasi:
Steve Milloy, a director of the National Center's newly-announced Free Enterprise Project, will be a guest of Clarence Mitchell IV on WBAL radio in Baltimore this afternoon at 1:30 pm eastern. Steve will discuss his comments yesterday warning Congress that it would be unwise to grant excessive new powers to Secretary of the Treasury Henry Paulson and other cabinet officials (and their successors) under any financial "bailout" legislation.

You can listen to Steve from anywhere in America by going to the WBAL web site and clicking the "Listen Live" tab that can be found at the top left of the page.

In a release on the topic of Paulson and the bailout yesterday, Milloy noted:
Paulson should not be given more opportunities to punish his enemies and promote his friends. Engineering the sale of Bear Sterns at a fire sale price and allowing Lehman Brothers to go bankrupt while making efforts to save Goldman Sachs should raise serious questions about Paulson's personal agenda. Having served in the Nixon Administration it seems Paulson took careful notes in the creation and execution of an enemies list. Let's not forget that under Paulson's leadership Goldman Sachs made millions by creating the mortgage crisis.
The full press release can be read by clicking here.
This post was written by National Center for Public Policy Research Executive Director David Almasi. To send comments to the author, write him at [email protected]. Please state if a letter is not for publication or if you prefer that it be published anonymously.

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Posted by Amy Ridenour at 11:25 AM

Wednesday, October 01, 2008

Billionaires Seeking Welfare

Billionaire Warren Buffett famously says taxes should be increased.

Well, no wonder! He's trying to get on -- if he isn't already on -- the moral equivalent of welfare himself by buying into Goldman Sachs at a time when that firm's former CEO is lobbying Congress furiously for a tax-funded bailout package that will benefit Goldman Sachs.

More on Buffett benefiting from a bailout in a Lawrence B. Lindsey article here
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Posted by Amy Ridenour at 11:36 AM

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